Increasing or decreasing a quantity by a certain percentage is the most frequent manoeuvre in which we meet the symbol . The key idea is that increasing by is the same as multiplying by a single factor, and the same holds for a decrease.
Property — Percentage increase and decrease
- If a quantity increases by : new value .
- If a quantity decreases by : new value .
In both cases the initial value is multiplied by a single factor: for the increase, for the decrease. Reasoning in terms of multiplicative factors also makes immediate the cases where several changes follow one another.
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Topics: Percentages
Concepts: Percentage increase · Percentage · Percentage decrease
Skills: Calculating · Using formulae